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BEC Scammer Pleads Guilty

Lithuanian man pleads guilty to business email compromise (BEC) scam that netted him more than $100 million. Evaldas Rimasauskas, 50, operated the BEC scam from 2014 to 2015. He sent phishing emails to employees and associates of the victim firms, directing them to purchase products and services from the phony company. He will be sentenced on July 24, 2019, and faces a maximum sentence of 30 years in prison for wire fraud, according to the USAO.”]

Source: https://www.darkreading.com/attacks-breaches/bec-scammer-pleads-guilty

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